Baltimoresun.com : Business (47)

Thanksgiving and Black Friday store and mall hours

Cook, give thanks, eat, then shop. Most major malls and stores will open at some point on Thanksgiving, giving shoppers a head start on Black Friday, the traditional kick-off for the holiday shopping season. Here’s a rundown on Thanksgiving and Black Friday hours at major area stores and ...

Developer Scott Plank accused of exposing himself, Baltimore police report says

Developer Scott Plank was the subject of a complaint to city police this month in which an employee at the luxury condominium building where he lives alleged that he exposed himself to her in the lobby and asked her to accompany him upstairs, according to the police report. Plank, 51, was not ...

Amazon goes brick-and-mortar for the holidays — and other retail trends

Amazon goes into the holiday season with a newly magnified brick-and-mortar presence, giving it more opportunities to sell its Kindle e-readers, Fire tablets and other gadgets.

Uber reveals cover-up of hack affecting 57 million riders, drivers

Uber is coming clean about its cover-up of a year-old hacking attack that stole personal information about more than 57 million of the beleaguered ride-hailing service's customers and drivers. So far, there's no evidence that the data taken has been misused, according to a Tuesday blog post by...

Laureate Education to sell universities in Milan, Cyprus for $263 million

Laureate Education Inc. will sell its for-profit universities in Italy and Cyprus to Galileo Global Education for $263 million, the Baltimore-based company announced Wednesday. The sale of the three universities — Nuova Accademia di Belle Arti Milano and Domus Academy in Milan, and European ...

Under Armour names new head of footwear

Under Armour has tapped one of its sports division managers to head footwear, a key growth category for the brand, as part of restructuring announced earlier this year. Ryan Drew, previously general manager of the brand’s basketball division, will become head of footwear, Under Armour said ...

Thanksgiving and Black Friday store and mall hours

Ready, set, give thanks, eat, then shop. Most major malls and stores will open at some point on Thanksgiving, giving shoppers a head start on Black Friday, the traditional kick-off for the holiday shopping season. Here’s a rundown on Thanksgiving and Black Friday hours at major area stores ...

Performance Horizon relocates growing Baltimore office

Performance Horizon, a United Kingdom-based partner marketing software provider, has relocated its Baltimore office to a larger space in Highlandtown to accommodate its growth. The company is moving out of the Emerging Technology Centers space in the old Crown Cork & Seal factory into its own ...

Redevelopment of former Owings Mills Mall site starts with announcement of a new Costco

The former Owings Mills Mall site will be redeveloped as an outdoor shopping center called Mill Station, a $108 million project to be anchored by a new Costco warehouse store. The project’s announcement Tuesday alleviates uncertainty in the community about the demolished mall, which closed ...

MTA bus service changes in Baltimore represent 2 percent cut, report says

The seasonal bus service changes proposed by the Maryland Transit Administration represent a loss of 183 bus runs and 3,350 miles per week — a 2 percent cut to the overall service, according to a report released Tuesday by a local rider advocacy group. The Central Maryland Transportation ...

Ellicott City set to measure its comeback during holiday season

Jason Barnes was knocked off his feet by the July 2016 flash flood that nearly destroyed historic Main Street in Ellicott City. The owner of All Time Toys was washed down the street by swiftly moving waters. He not only managed to rescue himself, but locked arms with bystanders to pluck a woman...

Primitive Beginnings will open Fells Point store

Primitive Beginnings, a young women’s apparel retailer that started online and operates an Ellicott City store, plans a second location in Fells Point. The store will open next month at 1641 Thames Street. Ellicott City resident Katy Miller started the business as online-only in 2007. She ...

Announcement set on redevelopment plans for former Owings Mills Mall site

Officials with Baltimore County and Kimco Realty say they will announce details Tuesday on plans for the redevelopment of the former Owings Mills Mall site. An announcement from New York-based Kimco, which owns the property, says company representatives will join with county leaders “to make ...

Comptroller Franchot seeks to lift cap on craft beer production, sales

Maryland Comptroller Peter Franchot unveiled a legislative package Monday that would make sweeping changes to the state’s regulation of craft breweries. Franchot’s 12-point “Reform on Tap Act of 2018” would eliminate limits on sales from taprooms and for take-home consumption for ...

Maryland health exchange names new executive

Michele S. Eberle was named the new executive director of the quasi-public state agency that administers the Maryland health exchange nearly three weeks into the annual open enrollment period for the insurance known as Obamacare. Eberle had been working as the chief operating officer for the ...

BWI Marshall Airport aims to reduce traffic congestion as busy Thanksgiving holiday approaches

Getting in and out of BWI Marshall Airport may be easier through Thanksgiving and the rest of the holidays this year. To accommodate the annual onslaught of seasonal travelers, the airport is temporarily offering some free parking, expanding its cell phone lot and changing the rules for shuttles,...

Rape in the storage room. Groping at the bar. Why is the restaurant industry so terrible for women?

If you're a woman, what makes a restaurant dangerous isn't the sharp knives or the hot griddle: It's an isolated area of the kitchen, like the dry storage pantry. That's where Miranda Rosenfelt, 31, then a cook at Jackie's restaurant in Silver Spring, Maryland was headed one day seven years ago...

Alex. Brown to reopen Annapolis office

Alex. Brown, a Baltimore-based subsidiary of financial services company Raymond James, is reopening a wealth management office in Annapolis. The office will be located at the Annapolis Towne Centre at Parole on Somerville Road and will continue to rebuild the legacy investment banking name that...

Kevin Plank tells financial commentator he was not ‘laser-focused' on Under Armour but is now

It started when Kevin Plank sent financial commentator Jim Cramer a bottle of rye whiskey from the Sagamore Spirit distillery named for the Baltimore County horse farm that the Under Armour CEO also owns. "I sent back a note saying: 'I thought you were making Under Armour,’” Cramer told ...

The tale of two Targets, a Baltimore segregation story

Like many patrons, I felt devastated and blindsided by Target’s recent announcement that it would shutter its Mondawmin Mall location in February, apparently with little conversation or negotiation with their development partners or the city. While a closure anywhere would likely have a ...

BWI Marshall Airport aims to reduce traffic congestion as busy Thanksgiving holiday approaches

Getting in and out of Baltimore/Washington International Thurgood Marshall Airport may be easier through Thanksgiving and the rest of the holidays this year. To accommodate the annual onslaught of travelers, the airport is offering free parking for the first hour in its hourly garage until Jan....

Rehoboth Beach, Del., doubles residential rental tax

A popular Delaware beach town has voted to double its tax on residential rentals. The City of Rehoboth Beach announced Saturday that its commissioners approved an increase on the rental tax from 3 percent to 6 percent. The tax applies to places like bed and breakfasts, condos, cabins and rentals...

Record growth continues at port of Baltimore

The port of Baltimore set another record for cargo volume, handling more than half a million more tons of cargo in the first nine months of the year than it ever had before. The Maryland Port Administration reported that its public marine terminals imported and exported just over 8 million tons...

Tenable to relocate to new building in downtown Columbia

Tenable, the fast-growing cybersecurity company based in a Columbia office park, plans to relocate its headquarters to an urban-style campus in downtown Columbia and add hundreds of employees in the next few years. The expansion, expected in 2019, will bolster the Baltimore-Washington ...

Downtown Baltimore's Maryland Life Building sells for $901,000

The Maryland Life Building on South Street in downtown Baltimore has sold for $901,000 to Acumen Capital LLC, a local investment group. The sale was announced Friday by Brexton Commercial, a Baltimore real estate services firm that represented the buyer. The seller was RREF II SB-MD BTB LCC, ...

Maryland unemployment rate stays steady in October

Maryland lost 5,500 jobs in October though the unemployment rate remained steady at 3.8 percent, the U.S. Labor Department reported Friday. The jobless rate remained below the national average of 4.1 percent, which ticked down from 4.2 percent in September as the employment picture improved in...

Baltimore area malls fight to remain relevant to shoppers during holiday season

Towson Town Center was bustling: office workers hurried through the food court for lunch, a couple strolled past storefronts and a mother photographed her toddler at a reindeer display. With the hyper-competitive holiday season looming, mall owner GGP has unveiled bold new directional signs ...

Bill Paterakis letter to H&S Bakery employees: lawsuit by his father's second wife a 'desperate attempt' to get more money

The lawsuit John Paterakis’ widow filed this week against the bakery magnate’s children is a “desperate attempt … to obtain more money than she was left,” one of his sons wrote in a letter sent to thousands of H&S Bakery employees this week. William Paterakis, who heads the ...

6.3 million Americans are 90 days late on their auto loan payments

A rising number of Americans are unable to make the monthly payments on their car or truck loans and are in danger of having their vehicles repossessed, according to data released this week by the New York Federal Reserve. There are 6.3 million Americans who are 90 days late — or more — on ...

Baltimore area malls fight to remain relevant to shoppers during holiday season

Towson Town Center bustled one day last week as office workers hurried through the food court with lunch, a couple strolled past storefronts with a newly purchased phone and a mother photographed her toddler at a reindeer display. In advance of the hyper-competitive holiday season, mall owner GGP...

Easing of broadcast ownership restrictions is expected to benefit Sinclair/Tribune deal

Federal regulators took steps Thursday to ease broadcast ownership restrictions, a move seen as favorable for Sinclair Broadcast Group’s proposed $3.9 billion takeover of Tribune Media Co. The Federal Communications Commission said the rule changes would promote ownership diversity and ...

Loyola University's business school honors Brown Advisory's Michael Hankin

Michael D. Hankin, the president and CEO of Brown Advisory, was named Business Leader of the Year for 2017 by Loyola University’s Sellinger School of Business and Management. The award, given tonight at a dinner at the Renaissance Harborplace Hotel, honors business executives who embody ...

Hopkins partners with investment management firm to boost early stage research

Johns Hopkins University scientists will get a $65 million infusion of funding from a Wall Street investment firm that they hope will help bring more drugs and other medical treatments to market. The investment from New York-based Deerfield Management Co. comes as government funding for ...

After ‘athlete recovery’ pajamas, Under Armour offers ‘advanced’ sheets and pillowcases

In January, Under Armour introduced what might be described as “performance pajamas,” infused with technology designed to enhance athletes' recovery. Now comes the extension of that line — “athlete recovery” bed sheets and pillowcases. Like the sleepwear, the bedding is ...

National Aquarium reports annual economic impact of $455 million

The National Aquarium generated $455 million for Maryland in 2016, according to a new report commissioned by the Inner Harbor destination. While the number of visitors to the aquarium in Baltimore has remained steady over the past five years, at about 1.3 million annually, the aquarium’s ...

Annapolis-based Airwave Networks acquired by New Hampshire firm

Airwave Networks, an Annapolis-based provider of wireless internet access and digital TV for student housing and apartment complexes, has been acquired by Single Digits Inc. of New Hampshire. Terms of the deal are confidential. Single Digits, which provides high-speed internet access to property...

National Aquarium reports annual economic impact of $455 million

The National Aquarium generated $455 million for Maryland in 2016, according to a new report commissioned by the aquarium. While the number of visitors to the aquarium has remained steady over the past five years, at about 1.3 million annually, the aquarium’s economic impact rose 42 percent ...

Third generation assumes leadership of Electric Motor Repair Co.

Caroline Kauffman-Kirschnick has been appointed president of Electric Motor Repair Co., a Rosedale-based service company that employs 200 people. Kauffman-Kirschnick succeeds her father, Roger Kauffman, who succeeded his father, Harry Kauffman, as president of EMR in 1985. “Over the years, ...

Jared Kushner's company asks court to dismiss Maryland tenants' lawsuit

The Maryland apartment management company owned by Jared Kushner, President Donald Trump’s son-in-law, has asked a U.S. District Court judge to dismiss a tenants’ lawsuit filed against it in Baltimore after having the case moved to federal court. The company, Westminster Management, ...

Paterakis widow seeks to remove his children as representatives of his estate; they call her lawsuit allegations 'outrageous'

The second wife of the late John Paterakis petitioned on Wednesday to have his son and daughter removed as his estate’s personal representatives, as they and other family members called the explosive allegations she has made against them “outrageous.” The petition, filed Wednesday ...

Hospital presidents talk about health issues with business owners

Leading a major hospital in an era where health care is a political hot button means having to deal with constant change and uncertainty, the presidents of Baltimore’s two major medical centers told business leaders Wednesday. Dr. Mohan Suntha, speaking to members of the Greater Baltimore ...

AAA Mid-Atlantic: More than 1 million Marylanders expected to travel for Thanksgiving

About one in six Marylanders is expected to travel for the Thanksgiving weekend, the most since 2005, according to a AAA Mid-Atlantic projection. The 1.07 million Marylanders expected to travel between Wednesday and Sunday of the holiday weekend represents a 3.4 percent increase, the auto club...

Royal Farms to anchor commercial section at Tradepoint Atlantic

A Royal Farms gas station, convenience store and car wash is the first announced tenant of a proposed commercial area at the Tradepoint Atlantic development in Sparrows Point. The Royal Farms will anchor the Shoppes at Tradepoint Atlantic, Tradepoint officials announced Wednesday. Last month, ...

Sinclair Broadcast plans to keep headquarters in Hunt Valley, double in size

Sinclair Broadcast Group Inc. said Wednesday that the company’s national headquarters will remain in Hunt Valley and expand as it moves to complete its $3.9 billion planned takeover of Tribune Media Co. Sinclair said it plans to invest $12 million to accommodate an expansion that could ...

WOW Air to offer more flights to Iceland from BWI Marshall Airport next summer

WOW Air, the low-cost Icelandic airline, plans to add more seasonal flights to Reykjavik, Iceland, from Baltimore/Washington International Thurgood Marshall Airport next summer, the airline announced Wednesday. The airline will offer twice-daily service on Tuesdays, Thursdays, Saturdays and ...

Eddie's of Mount Vernon approved for demolition

Baltimore’s historic preservation commission has approved the demolition of Eddie’s in Mount Vernon to make way for a new grocery store and mixed-use development. The project by Mount Vernon resident and developer Dennis Richter required approval from the Commission on Historic ...

Investors wary of Target's holiday plans

A cautious outlook on the crucial holiday season overshadowed progress Target made in bringing more customers to its stores, pulling its shares down sharply. The shares of other retailers fell as well, even though overall economic figures show people still spending. Target reported higher ...